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Parish Mews, Gainsborough, Lincolnshire DN21

Yorkshire

£75,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1152 sqft

Description

This well-located terraced house offers a promising renovation project for investors or DIY enthusiasts. The property features three bedrooms and presents significant potential to enhance both its comfort and value. The ground floor comprises a spacious lounge ideal for family gatherings and a kitchen/diner where an open-plan layout could be developed, making it more contemporary. On the first floor, there are two generously sized double bedrooms along with a family bathroom that provides opportunities for modernization or reconfiguration to better suit personal preferences. The top floor accommodates a double bedroom with an en-suite bathroom, which could serve as an excellent master suite or guest room once updated. With strategic improvements, this house can transform into a desirable family home or lucrative rental unit in the Yorkshire market.

Investment Analysis

(DN21 area)

Below Market Value

This property is priced -65.0% below area average per sq ft

-65.0%
Potential saving
This Property
£65/sq ft
Area Average
£186/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£235,953
10% above area average per sq ft
Potential ROI
+105.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DN21)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +4.7%
5 year growth: +15.9%
Investment Disclaimer: Analysis based on DN21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Parish Mews, Gainsborough, Lincolnshire DN21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£268
Based on a loan of £56,250 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-11.8% since listed
£75,000£5,000(-6.3%)
29/10/2025
Current price
£80,000£5,000(-5.9%)
24/04/2025
£85,000Initial listing
18/03/2025

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